Microsoft cutting 4,800 jobs as AI costs rise
Microsoft plans to eliminate approximately 4,800 positions, representing around 2.1% of its total employees. The firm made public these job reductions on Monday, July 6, following a decline of almost 23% in its share value during the initial six months of 2026. Microsoft's job cuts follow a trend of other tech giants like Amazon and Meta Platforms also laying off thousands of employees this year.
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